South Korea Donates Trucks to Cambodian Gov’t
The Republic of Korea donated more than 200 military trucks to the Cambodian government last month, a port official said yesterday. Sam Heng, administrative chief of the Sihanoukville Autonomous Port, said the 241 trucks were strictly for transportation. “The trucks arrived before the elections. They’re military cargo ...
Korea trade nears $1 billion
Bilateral trade between Cambodia and South Korea nearly reached the $1 billion dollar realm in 2012, a hike of nearly 100 per cent from the year before, senior officials said yesterday. According to official data from the Korea Trade-Investment Promotion Agency, total bilateral trade between ...
http://www.phnompenhpost.com/business/korea-trade-nears-1-billion
Cambodia-Linked Investors Sentenced in Seoul
The chief executives of the firms behind two large-scale real-estate projects in Cambodia have been sentenced to jail in Seoul for obtaining illegal loans and using the money to finance fictitious companies abroad, according to a South Korean court official. The two executives were among a ...
Cambodia backs enhanced security role for Japan
Cambodian Foreign Minister Hor Namhong expressed support Monday for Japan’s plan to give its Self-Defense Forces a greater role to contribute to global peace and stability, Japanese Foreign Minister Fumio Kishida said after meeting with his counterpart in Phnom Penh. Japanese Prime Minister Shinzo Abe plans ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/140630/cambodia-backs-enhanced-security-role-japan
Bird’s nest producers eye China market
Edible bird’s nest producers have called on the Ministry of Commerce (MoC) to facilitate the industry’s access to the Chinese market. Nang Sothy, president of the Cambodia Bird’s Nest Federation, said yesterday that the association had requested the MoC to include the delicacy on the list ...
Chan Muyhong
http://phnompenhpost.com/business/bird%E2%80%99s-nest-producers-eye-china-market
Cambodia's trade with S. Korea up 12% in 5 months
Bilateral trade between Cambodia and South Korea has reached 329 million U.S. dollars in the first five months of this year, up 12 percent over the same period last year, showed the latest figures from the Korea Trade- Investment Promotion Agency to Phnom Penh on ...
http://news.xinhuanet.com/english/business/2013-07/17/c_132549530.htm
Bank unaffected by partner's suspension
The senior manager of Tomato Specialized Bank yesterday said the bank would continue to operate in Cambodia despite a decision by South Korea’s financial regulator to suspend one of its partners. Korea’s Financial Services Commission on Sunday announced that seven banks, including the Tomato Savings Bank, ...
G-CCEI seeks Cambodia partners
Korean companies have expressed an interest in expanding into Asean, mostly in the high-tech and information technology (IT) sectors. According to a report in the Bangkok Post. ...
Sum Manet
http://bit.ly/219Sr8t
CAMBODIA-NORTH KOREA UPDATE BILATERAL AGREEMENTS
Cambodia and Democratic People’s Republic of Korea (DPRK) have inked the agreements to expand bilateral trade, technologies, agriculture, industry, investment and the health sector, and both sides also are trying to boost close ties for mutual benefits while both nations’ trading has been reported to be ...
Textile Industry Gets Lessons From Korean Designers
Cambodian manufacturers on Wednesday received training from Korean designers on how to make apparel in line with current fashion trends in the hopes of assisting them in penetrating the lucrative but difficult Korean market. The event was organized by the ASEAN-Korea Center—an intergovernmental organization that aims ...
http://www.cambodiadaily.com/business/textile-industry-gets-lessons-from-korean-designers-35468/
Cambodia and S Korea aid workers
Cambodia and South Korea signed a memorandum of understanding yesterday, agreeing to work together to ensure worker protection. Last month, a Kampong Speu shoe factory collapse killed two workers. The incident inspired the Ministry of Labour to implement a Health and Safety Network for workers here ...
http://www.phnompenhpost.com/2013061266215/National/cambodia-and-s-korea-aid-workers.html
Cambodian migrant workers send US$360 million home a year
Cambodian migrant workers in Thailand, Japan, Malaysia and Korea have sent home an average of US$360 million a year in remittances, according to Seng Sakada, general director of Ministry of Labor and Vocational Training. Overseas Cambodian migrants mainly work in the fields of housework, construction, factories ...
Borei Keila firm told to pay $2.7 million
Suy Sophan, the owner of development firm Phan Imex, has been ordered to repay $2.7 million to a Korean company over an uncompleted sale of land at Borei Keila, from where hundreds have been violently evicted, a court document reveals. In a decision handed down in ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/borei-keila-firm-told-pay-27-million
JS Global (Cambodia) Brings in Korean Rice Milling Machines
JS Global (Cambodia), a Phnom Penh-based organization that aims to promote trade between Cambodia and other countries, is importing rice milling machines, manufactured by Dong Yang Industries. Dong Yang Industries, a Korean company established in 1955, has developed its own technology since 1990 to manufacture ...
Dispatches Reveal Cambodia Helped North Korean Refugees
US diplomatic cables released by WikiLeaks show that Cambodia assisted refugees escaping from North Korea. A North Korean was supposed to be deported to Vietnam and was claimed to have done such but it has now been proven otherwise. There have been other cases of ...
New carriers to service Kingdom
Two new Asian airlines will begin regular flights to Cambodia this winter in an airlines sector increasingly dominated by regional passengers, a Cambodia Airports official said on Friday. Tiger Airways, a Singapore-based airline, will operate daily A320 flights between Singapore and Phnom Penh and Singapore and ...
Four companies narrow in on Phnom Penh bus service
Seven months after City Hall called for companies to submit proposals for the city’s first-ever bus service, Phnom Penh Municipality has announced that four out of seven companies who have shown interest will be considered. The municipality in May and June 2011 invited all interested companies ...
Migrants to Korea jump
More Cambodian migrant workers headed to South Korea in the first half of this year than in all of 2011, data from the Ministry of Labour shows. A suspension on Vietnamese migration, coupled with an improving Korean economy, primarily accounted for the jump, officials say. Working ...
http://www.phnompenhpost.com/index.php/2012071057315/Business/migrants-to-korea-jump.html
Cambodia reports strong October travel
International arrivals to Cambodia bounced back in October with a growth of 20% after a below average performance in the third quarter. Cambodia’s Statistics and Tourist Information Department, Ministry of Tourism, reported arrivals increased 24.8% to 290,959 during October. The percentage increase for 10 months lifted ...
http://www.ttrweekly.com/site/2012/12/cambodia-reports-strong-october-travel/
North Korea talks trade pact with Cambodia
North Korea yesterday proposed to lower tax and trade barriers with Cambodia. The proposal, if made into a formal agreement, would join a long list of agreements between the two countries that have never been followed through. Hong Ki Chol said such an agreement could ...
http://www.phnompenhpost.com/index.php/2012070457178/Business/north-korea-trade-pact.html